Rapid advancements in Artificial Intelligence have drawn the attention of regulators. From the Securities and Exchange and Federal Trade commissions to the White House and Pentagon, law enforcers and lawmakers are trying to get their arms around the global impacts of AI. U.S. Sen. Katie Britt, Alabama’s voice on key financial issues in the upper chamber of Congress, got the chance to dissect the role of AI in business and banking during a hearing last week.  Britt (R-Montgomery) asked how companies can drive American innovation and dominance while guaranteeing protection of American consumers...

1 year ago

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